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Jobs and Economy

Jobs and Economy

Senator Feinstein is committed to creating an economy that works for all Americans, not just those at the very top. She is a staunch supporter of a living wage and is a cosponsor of the RAISE the Wage Act, which would raise the federal minimum wage to $15 an hour.

She opposed Donald Trump’s tax cuts for the wealthy and corporations that will add more than $1 trillion to our debt and force cuts in Medicare and Social Security. This legislation further harms Californians by eliminating the deduction for state and local taxes claimed by more than six million California households.

Instead, Senator Feinstein has championed expanding economic access for working and middle class Californians. That’s why she supported the Working Families Tax Relief Act to expand access to and the value of the Earned Income Tax Credit and Child Tax Credit.

She joined Senator Elizabeth Warren to coauthor legislation that would allow individuals with existing student loan debt to refinance at much lower interest rates. And she authored the Small Business Lending and Inequality Reduction Act, which would increase resources available for small businesses in traditionally underserved communities.

Senator Feinstein is also a proud cosponsor of the Family and Medical Insurance Leave Act, which would at long last institute paid family leave, including maternity leave. She is also a cosponsor of the Healthy Families Act which would allow employees to take paid sick days.

Finally, Senator Feinstein knows that creating an economy for all also means reducing the influence of special interests in Washington. She is a staunch opponent of the Supreme Court’s Citizens United decision which has opened the flood gates to unregulated dark money in our politics. She is a proud cosponsor of the DISCLOSE Act, whichwould help end secret campaign spending by strengthening disclosure and disclaimer requirements. And she also coauthored a proposed constitutional amendment that would overturn Citizens United once and for all.